According to the Commodity Market Analysis System of Business Society, the price of polyformaldehyde in Shandong decreased in May. At the beginning of the month, the average production price of polyformaldehyde in Shandong was 5162.50 yuan/ton, and at the end of the month, the average production price of polyformaldehyde in Shandong was 4925.00 yuan/ton, a decrease of 4.60%, and a year-on-year decrease of 8.80%.

Upstream methanol situation: In May, the domestic methanol market declined, with the factory delivery price of methanol in the southern region of Shandong being around 2150 yuan/ton for cash exchange, and the delivery price in Linyi being around 2190 yuan/ton for cash exchange. The local methanol factory in central Shandong quoted a price of 2300 yuan/ton for self delivery from the factory. The negotiated price for methanol in the Dongying area of Shandong is between 2160 and 2170 yuan/ton, which will be delivered to spot exchange. The market atmosphere continues to be weak. After the futures price fell below the integer threshold of 2200 yuan/ton, the market sentiment became less confident. At the same time, the raw coal is still weak, the downstream demand is weak for a long time, the social inventory of the methanol market continues to accumulate, the source of imported goods also continues to pour in, and the spot market price of methanol drops again and again.

Recently, the domestic methanol market has experienced a major decline due to poor cost support, while polyoxymethylene has followed suit. Polyoxymethylene analysts at the Business Society predict that prices may decline slightly.